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European Commission Approves EUR 90 Billion Loan for Ukraine for 2026-2027

DEFENSE

The European Commission has approved a EUR 90 billion loan for Ukraine, to be distributed over 2026 and 2027, with EUR 30 billion for the general budget and EUR 60 billion for defense procurement. The funding aims to bolster Ukraine's defense capabilities and support government operations amid ongoing reforms for EU integration, although Czechia, Hungary, and Slovakia will not participate. The loan's repayment may involve frozen Russian assets, pending approval from the European Parliament and Council for timely disbursements.

European Commission Approves EUR 90 Billion Loan for Ukraine for 2026-2027
Jan 15, 2026, 7:14 AM

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